Dai DAI
Current Price
$0.9996 +0.05%
$0.0029 Daily Range (0.29%)
$0.9981$1.00
$54.24M Daily Volume
617 BTC
Vol/MktCap: 1.24%
Market Performance
0.14% Relative BTC Volume
The total volume of Dai is $54.24M over the past 24 hours, compared to $40.04B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9992 +0.05%
13 SMA $0.9992 +0.04%
21 SMA $0.9993 +0.03%
55 SMA $0.9995 +0.02%
144 SMA $0.9994 +0.02%
Price Performance
+0.02% 1 Hour Change
$0.9996 from $0.9994
-0.00% 7 Day Change
-$0.00002670 from $0.9997
-0.02% 14 Day Change
-$0.0002 from $0.9998
+0.04% 30 Day Change
$0.0004 from $0.9992
All Time High
March 13, 2020
$1.22 -17.95%
-$0.2190 vs. now
24H Change
17.75M USD +0.41%
202 BTC
Volume and Supply
Total Supply: 4.37B DAI 
4.37B DAI Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
218.84 x BTC Supply219:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
54.26M DAI
traded over past 24 hours
1.24% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Dai AI Market Analysis
Dai (DAI) is currently trading at $0.998694, showing a slight decline of 0.075% over the last 24 hours. The price has oscillated between a high of $1.001 and a low of $0.998111 within the same period, indicating minimal volatility and a daily range of only 0.0029%.
Trading volume stands at approximately $60.34 million, contributing to a volume/market cap ratio of 1.38%. This ratio suggests relatively low trading activity compared to its market cap, indicating that DAI may not be experiencing significant market interest at this moment.
The short-term moving averages reveal a consistent trend, with the 8, 13, and 21 SMA all clustering around $0.9993 to $0.9994, reflecting a minor bearish sentiment. The 55 and 144 SMA at $0.9995 and $0.9994, respectively, also indicate a lack of upward momentum, with all averages showing a decline of 0.06% to 0.08%.
Relative Strength Index (RSI) metrics indicate that DAI is neither overbought nor oversold, with a 1-hour RSI of 46 and a 7-day RSI of 49. The price change over the last 7, 14, and 30 days shows declines of approximately 0.10%, 0.15%, and 0.11%, respectively, reinforcing the absence of bullish sentiment.
Given the stability of DAI’s peg to the US dollar and the current price hovering just below $1, market conditions remain relatively stable despite recent minor price declines. Historical performance indicates that DAI has a considerable distance to its all-time high of $1.22, suggesting potential for recovery but also emphasizing the challenges in regaining that level.
Based on the current technical indicators and price performance, a Hold rating is recommended. The lack of significant movement and the near-peg stability suggest that traders should maintain their positions while closely monitoring for any changes in market sentiment or trading volume that could indicate a shift.
Trading volume stands at approximately $60.34 million, contributing to a volume/market cap ratio of 1.38%. This ratio suggests relatively low trading activity compared to its market cap, indicating that DAI may not be experiencing significant market interest at this moment.
The short-term moving averages reveal a consistent trend, with the 8, 13, and 21 SMA all clustering around $0.9993 to $0.9994, reflecting a minor bearish sentiment. The 55 and 144 SMA at $0.9995 and $0.9994, respectively, also indicate a lack of upward momentum, with all averages showing a decline of 0.06% to 0.08%.
Relative Strength Index (RSI) metrics indicate that DAI is neither overbought nor oversold, with a 1-hour RSI of 46 and a 7-day RSI of 49. The price change over the last 7, 14, and 30 days shows declines of approximately 0.10%, 0.15%, and 0.11%, respectively, reinforcing the absence of bullish sentiment.
Given the stability of DAI’s peg to the US dollar and the current price hovering just below $1, market conditions remain relatively stable despite recent minor price declines. Historical performance indicates that DAI has a considerable distance to its all-time high of $1.22, suggesting potential for recovery but also emphasizing the challenges in regaining that level.
Based on the current technical indicators and price performance, a Hold rating is recommended. The lack of significant movement and the near-peg stability suggest that traders should maintain their positions while closely monitoring for any changes in market sentiment or trading volume that could indicate a shift.
Updated 435 minutes ago.
Dai Relative Price at Market Cap of:
Dai TradingView Chart
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